Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Successful Active Business In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R30,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R18,000,000
Cash Flow:
R500K - R1.5M

Business is currently active and growing. Covid has increased the demand of our products, due to other suppliers failing to supply.

Business is 6 years old, began with a turnover of R2million pa, todate we are doing between R16 million and R19million.

Most of our customers are blue chip, and most of our customers are insured.

Gp between 20/ 25 percent depending on exchange rate.
Most of our products are imported and we buy a small amount locally.

Machinery to produce locally expected in 6 weeks , already paid up.

Gp will increase to 50 percent.

With current customers Gp per month should be minimum of R2miilion.
Documents with calculation on hand.

We have branches in Durban, Johannesburg, capetown and Zimbabwe.

2nd part of business is high quality lubricants.
This business is fairly new, we have the rights for Africa, currently we have secured botswana, with the first order leaving in the first week of April. Order paid upfront.
Agency agreements for Johannesburg and Cape town in final stages.

Asking price for business R30 million. THIS FIGURE WILL INCREASE ONCE THE LOCAL PRODUCTION IS SET UP, AS THE PROTABILTY WILL INCREASE ACCORDINGLY.

Payment terms negotiable.

Reason for selling, I have travelled to 20 countries, I want to travel the rest of the world.

A clause can be inserted if u want to sell company sell back to me first.
Or I could buy shares at a later stage and work a limited hour.

Prepared to stay on for 6/12 months to hand over and show the process and the gp.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 years or less

Leasehold Rent:

R400 000.00 per annum

Lease Rent:
R40 per sq ft per annum
Living Accommodation:

N/a

Location:

South africa and africa

Premises Details:

Lease

Size in square feet:
1,500
Planning Consent:

All set

Business Operation

Expansion Potential:

Big expansion within SA and Africa, Europe.

Had a meeting in USA, for supply of cans for one of our international local customers. Can discuss in detail.

Competition / Market:

5 companies ..details will be discussed.

We have upper hand on all of them in one way or another.

Reasons for selling:

Want to visit the world.

Trading hours:

Normal

Employees:
10, will have to increase to about 30, when machinery arrives.
Years established:
6 years

Other Information

Support & training:

Provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Can negotiate terms

Furniture / Fixtures value:
R20,000 - included in the asking price
Inventory / Stock value:
R12,000,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here